– CANADA, Laval – Mason Graphite Inc. (TSX: LLG | OTC: MGPHF) today announced the appointment of Gilles Gingras Board member since 2018, as Chair of the Board. effective on September 1st, 2020.
As previously announced, Chair and interim CEO Paul Carmel is resigning, to become President and CEO of Sidex, an institutional investment fund sponsored by the government of Quebec and the Fonds de Solidarité FTQ.
Leadership at the management level will be assumed by COO Jean L’Heureux until such time as a permanent CEO can be identified.
Mr. Gilles Gingras, newly appointed Chair of the Board of Mason Graphite, said: “On behalf of the Board of Directors, I would like to show my gratitude to Paul Carmel who has led the Corporation through challenging markets and has laid the foundation for a brighter future. We wish him all the best in his future endeavors.”
Paul Carmel also commented: “The Corporation has a strong board of directors, a strong management team and a very sound balance sheet and the future is indeed bright. I have very much enjoyed my experience with Mason and leave knowing the Corporation is healthy and in good hands.”
About Mason Graphite
Mason Graphite is a Canadian corporation dedicated to the production and transformation of natural graphite. Its long-term strategy includes the development of value-added products, notably for green technologies like transport electrification. The Corporation also owns 100% of the rights to the Lac Guéret graphite deposit, one of the richest in the world. The Corporation is managed by an experienced team cumulating many decades of experience in graphite, covering production, sales, as well as research and development.
For more information: https://www.masongraphite.com/
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